Bavovna AI has been accepted into the Air Force Labs program
Now it is official! Bavovna AI has been accepted into the prestigious Air Force Labs program, marking a significant milestone. We’re on a six-week intensive track to roll out our AI-powered navigation system for the US Department of Defense (DoD).
With non-dilutive grants ranging from $1.25M we’ve surpassed our 2023 Seed stage funding expectations and are on course for the A Round in 2024.
The program, managed by Mass Challenge and the Hanscom Innovation Team, receives robust support from entities like the US Air Force, AFIR, and a myriad of Air Force program offices, government agencies, and defense units.
Its goal? Amplifying dual-use technologies that enhance America’s strategic advantage in situations where satellite navigation is compromised.
We began this journey on my birthday on September 13th and are set to wrap up on October 25, 2023. Air Force Labs’ legacy of graduating 30 companies since 2020 speaks volumes about its impact.
Air Force Labs enriches BavovnaAI by:
Providing substantial non-dilutive funding, enhancing our valuation, and reducing dependency on alternative funds.
Offering us the title of a preferred vendor to the world’s largest technology consumer – the US government.
Signifying that BavovnaAI’s strategic market vision transcends Ukrainian borders.
So, dual-purpose and mil tech VCs don’t miss this opportunity to reach me out to now, as we have some funding options till the end of Oct.